
USD/CAD likely to breach channel line
May 29, 2015 11:12 am UTC| Insights & Views
Technical Currency Derivatives Watch: USD/CADPair is currently testing resistance at 1.2428 which is nearing upper channel line. So, 1.2428 has been a crucial resistance for spike up to reach next upper channel. And it is...
Why is bull rally climbing on USD/CAD
May 29, 2015 11:09 am UTC| Insights & Views
The U.S. dollar rose to fresh six-week highs against its Canadian counterpart on Thursday.US jobless claims rose more than expected.Expectations for a U.S. rate hike in the near future.On the flip side, Canada has showed...

Middle East enjoys low production cost, suffers high fiscal breakeven
May 29, 2015 10:21 am UTC| Insights & Views
Saudi Arabia is pursuing strategy to crowd out the high cost producers from the market which has faced criticism from some while others remain in line with Saudis. The overproduction strategy seems viable since average...

CAPE indicates opportunity in Europe, while US is stretched
May 29, 2015 09:14 am UTC| Insights & Views
Fundamentally speaking US stock market seem somewhat stretched, as measured from CAPE ratio. Cyclically Adjusted Price to Earnings (CAPE) ratio was developed by is a valuation measure developed by Nobel Laureate Robert...

Put call parity of EUR/GBP collar
May 29, 2015 09:09 am UTC| Insights & Views
Here we assumed the portfolio contains the same expiration for calculation purpose (it actually has to be near month on call shorting far month on put) with two different currency derivatives instruments of same...

IMF boss divulges weakness in Greece; Hedge Euro with collar
May 29, 2015 08:42 am UTC| Insights & Views
IMF chiefs comments that a Greek exit from the eurozone is a possibility show that the countrys creditors have tired of Syriza. Christine Lagarde during a meeting of G7 finance ministers in Dresden reveals the weakness...

Bund yields retreat to lowest in three weeks, further downside is likely
May 29, 2015 08:36 am UTC| Insights & Views
German 10 year bund yield is trading at its lowest point in three weeks, suggesting that further downside remain open. German retail sales grew at solid pace of 1.7% in April, compared to March, however sales are only...